Dedicated Outdoor Air Systems (DOAS) Market Share, Size, Trends, Industry Analysis Report, By Capacity (Less Than 20 Tons, 20-40 Tons, 40-60 Tons, and Greater Than 60 Tons); By Implementation Type; By Requirement; By Vertical; By Region; Segment Forecast, 2023 – 2032
The global DOAS market size is expected treach USD 8,555.81 million by 2032, according ta new study by Polaris Market Research. The report “Dedicated Outdoor Air Systems (DOAS) Market Share, Size, Trends, Industry Analysis Report, By Capacity (Less Than 20 Tons, 20-40 Tons, 40-60 Tons, and Greater Than 60 Tons); By Implementation Type; By Requirement; By Vertical; By Region; Segment Forecast, 2023-2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.
Growing consumer awareness regarding the benefits of DOAS, including environment and cost-related, mainly in emerging and underdeveloped countries, along with the continuously rising construction activities, increasing global population, and change in climatic conditions, are among the major factors boosting demand and growth of the worldwide market.
In addition, increasing innovations and adoption of various advanced and innovative techniques in the construction industry and manufacturing sectors across the globe, which key market players have developed, are alsprojected tcreate huge growth opportunities in the market over the coming years. For instance, in July 2022, LG introduced a ventilation system with a HEPA filter, an in-built CO2 sensor, & UV-C technology. The system leads tcarbon emission reductions, reduced energy consumption, and taking indoor air quality in the residential environment.
The increasing proliferation of commercial buildings that require outside air whenever space is being occupied with meeting ventilation standards and maintaining indoor air quality and the surge in the popularity and traction of DOAS systems for all types of building, such as improved humidity control, capacities tuse cooling and heating systems that dnot provide de-humidification, & simplified ventilation control and design are alsexpected tcreate lucrative demand and adoption of these systems globally.
For instance, in March 2022, The Canadian Infrastructure Bank and Johnson Controls entered inta strategic agreement that committed over CAD 125 million tboost the decarbonization retrofit projects of the private sector across Canada. Under this agreement, the Canadian Infrastructure Bank will focus on commercial, manufacturing and multi-residential buildings leveraged through the Johnson Controls.
Dedicated Outdoor Air Systems (DOAS) Market Report Highlights
40-60 tons segment is expected tgrow fastest throughout the forecast period, owing tits numerous benefits across both commercial and industrial sectors
New construction segment is projected thold significant market share during the study period, on account of rapidly growth in urbanization and industrialization in emerging countries
Cooling segment accounted for highest market share in 2022, which is highly attributable increased penetration for innovated sensible cooling systems and its ability thelp in energy conservation
Residential segment is expected taccount for substantial market share due trapid growth in the adoption of retrofits across residential sector due tits low cost and high comfort
Asia Pacific region dominated the global market for DOAS market in 2022, owing textensive growth among various industrial sectors and increasing consumer disposable income in developing countries
The global key market players include Johnson Controls International, Daikin Industries, Trane Technologies, Mitsubishi Electric Corporation, and Greenheck Fan Corporation
Polaris Market Research has segmented the Dedicated Outdoor Air Systems (DOAS) market report based on capacity, implementation type, requirement, vertical, and region:
Dedicated Outdoor Air Systems (DOAS), Capacity Outlook (Revenue - USD Million, 2019 - 2032)
Less Than 20 Tons
20-40 Tons
40-60 Tons
Greater Than 60 Tons
Dedicated Outdoor Air Systems (DOAS), Implementation Type Outlook (Revenue - USD Million, 2019 - 2032)
New Construction
Retrofit
Dedicated Outdoor Air Systems (DOAS), Requirement Outlook (Revenue - USD Million, 2019 - 2032)
Heating
Ventilation
Cooling
Dehumidification
Dedicated Outdoor Air Systems (DOAS), Vertical Outlook (Revenue - USD Million, 2019 - 2032)
Commercial
Residential
Industrial
Dedicated Outdoor Air Systems (DOAS), Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa